Market review for 17 – 21.09.2012
The Dollar Index is trading firm at 79.60 after finding support at 78.70 ranges; further fall in the Greenback is expected only on the Dollar Index consistently trading below 78.00 ranges.
EURUSD remains in uptrend from 1.2042, the fall from 1.3171 is likely consolidation of the uptrend. Range trading between 1.2800 and 1.3171 is expected over the next several days. Another rise could be seen after consolidation, and...
The EUR/USD pair tried to rally during the Friday session above the 1.30 level, but failed and formed a shooting star. This is a market that has been very overbought for a while now, and a pullback...
The Dollar Index is trading flat at 79.42 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges.
The EUR/USD pair fell during the session on Thursday as the 1.3 0 Level Gave Way to the sellers. However, towards the end of the day we did get a bit of a bounce and we now...
The EUR/USD pair fell during most of the session on Wednesday, only to find the 1.30 level was fairly supportive. The candle at the end of the day ended up being a hammer, and this of course...
The Dollar Index is trading firm at 79.38 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems...
Market review for 18.09.12: The started yesterday the two-day meeting of BOJ in the focus of market participants.
The EUR/USD pair fell during the session on Tuesday as the Euro lost a little bit of its luster in the eyes of investors around the world. The 1.30 level looks like it could provide support though,...